Bank of Montreal (USA) (BMO) Releases Earnings Results, Misses Expectations By $-0.02 EPS

Bank of Montreal (USA) (BMO) reported quarterly earnings results on Wednesday, May-25-2016. The company reported $1.73 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $1.75. Analysts expectations of $4995.69 million. During the same quarter in the previous year, the company posted $1.71 EPS.

Many Wall Street Analysts have commented on Bank of Montreal (USA). Bank of Montreal (USA) was Downgraded by Credit Suisse to ” Neutral” on Mar 8, 2016.

Bank of Montreal (USA) opened for trading at $62.86 and hit $63.14 on the upside on Friday, eventually ending the session at $63.02, with a gain of 0.43% or 0.27 points. The heightened volatility saw the trading volume jump to 4,55,728 shares. Company has a market cap of $40,522 M.

Bank of Montreal (BMO) is a financial services company. The Bank provides a range of retail banking wealth management and investment banking products and services. It conducts its business through three operating groups: Personal and Commercial Banking Wealth Management and BMO Capital Markets. The Bank operates primarily in Canada and the United States. It also has operations in the United Kingdom Europe the Caribbean and Asia. It also serves customers through its wealth management businesses: BMO Nesbitt Burns BMO InvestorLine BMO Private Banking BMO Global Asset Management and BMO Insurance. BMO Capital Markets its investment and corporate banking and trading products division provides a suite of financial products and services to North American and international clients. In the United States BMO serves customers through BMO Harris Bank based in the United States Midwest with more than two million retail small business and commercial customers.

Bank of Montreal (USA)

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